What Does It Mean to Say That Important Cases Are

question 32

Multiple Choice

What does it mean to say that important cases are sometimes heard en banc?

• A)The trial is postponed until the judge has an opening.
• B)Only one of the judges writes the opinion.
• C)A majority vote is not needed.
• D)All of the judges on the relevant court of appeals sit in on the case.

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Definitions:

Charter

A legal document that establishes a corporation or other organization, outlining its purpose, activities, and rights.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation, giving shareholders voting rights.

Shares Outstanding

The total number of shares of stock that are currently owned by shareholders, including restricted shares owned by company insiders.

Reacquired

Refers to stock or securities that a company buys back from its shareholders.